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31631 The Old Rd
Castaic, CA 91384
Land For Sale · 3.06 AC

Investment Highlights

  • Growing market in path of development
  • Traffic Count: 95,000 ADT
  • Seller is retiring and motivated to cash out ASAP
  • Easy access from I-5, Hwy 126 and Hwy 14
  • Billboard: month to month
  • ASK ABOUT OUR "AS IS" PRICE

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Hold For Development
  • Single Family Development
Total Lot Size 3.06 AC
Zoning LCR1 & LCC3

Description

The Subject is located on the NWC of Ferguson Drive and The Old Road along the west side of Interstate 5 visible by 95,000 vehicles in both directions between the Parker Road and Lake Hughes off ramps in Castaic, California. Castaic covers approximately 7.3 square miles in an unincorporated area of Los Angeles County. Bakersfield is 71.7 miles North; Palmdale/Lancaster are 49.9 miles East; Santa Clarita is 8.5 miles South and Downtown Los Angeles is 31.3 miles further to the South; and, Oxnard/Ventura are 48.2 miles West. Castaic remains a major truck stop along the historic “ridge route” and a bedroom community with a population of approximately 19,500. Castaic’s amenities are major supermarkets, drug stores, banks, restaurants, fast food, lodging, gas, and other goods and services to support the residents, visitors to the lake, commuters, and truckers. Castaic’s regional points of interest are Castaic Lake, TPC Golf Course, and Six Flags Magic Mountain. Santa Clarita’s population and employment base are expected to double in the next 20 years. Major new communities currently under development are Newhall Ranch and Tejon Ranch, which are expected to increase population by 100,000 and 70,000 respectively and bring approximately 150,000 jobs to the area by 2030.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 2865-016-030
  • 2865-016-031
  • 2865-016-029
  • 2865-016-041
  • 2865-016-026
  • 2865-016-028
Land Assessment
$1,124,878
Improvements Assessment
$148,569
Total Assessment
$1,273,447
  • Listing ID: 13393618

  • Date on Market: 8/4/2018

  • Last Updated:

  • Address: 31631 The Old Rd, Castaic, CA 91384

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